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Macro_Principles_Syllabus_Spring_2009_co

Macro_Principles_Syllabus_Spring_2009_co - SYLLABUS...

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S YLLABUS Principles of Macroeconomics PSU ECON 004 - Section 5 MWF 11:15 - Thomas 100 SPRING 2009 Instructor: Clair Smith Email: [email protected] Office: 505 Kern Graduate Building Phone: 814-865-4260 Office Hours: Monday & Wednesday 2:45 – 4:00 pm and by appointment Graduate TA: TBA Email: Office Hours: Supplemental Instruction Leader: Sarah Gosky Email: [email protected] Office Hours: TBA: See Angel or www.ulc.psu.edu  Univ. Learning Center Gen Ed TAs TBA Email: Office Hours: See the updated syllabus on Angel for current information on TA contact info and office hours Economics is a social science that examines the allocation of limited resources among competing  uses.  Macroeconomics focuses on the big picture outcomes in the economy.  This includes many  topics that are frequently in the news, like GDP, unemployment, inflation, the money supply,  interest rates, and business cycles.  The role and effect of government policy related to the  economy form an important part of this class, as well.  A specific goal in this class is to develop 
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an intuition to consider the full effect of government policy, including the secondary effects and  changed incentives that go beyond the stated   policy goals.  I sincerely hope that you will find this  class to be interesting, relevant, and rewarding.  2
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Required Resources Ekelund, Ressler, & Tollison.  Macroeconomics:  Private Markets and Public Choice , 7 th  ed.   Smith, Clair.  Supplemental Notes and Readings  for Principles of Macroeconomics , Spring 2009.  MyEconLab online homework/study tool with  text.   You should plan on acquiring all of these  resources for class.  The MyEconLab software  should be included with the purchase of a new  text.  You may be able to find elsewhere a good  deal on a used text, but be sure to factor in the  cost of access to MyEconLab, which you can  purchase directly at  www.myeconlab.com .   Do not register for MyEconLab until  we cover the registration procedure in class.  If you purchase a new text and get an access  kit, just hang onto it until after the demo.  If  you have decided to purchase access directly  from  www.myeconlab.com , please hold off  until after the demo.  I will need you to  register in a certain way to ensure that your  homework scores are correctly transferred and  you get credit for your work.  If you wait for  the demo, you will save yourself some extra  work.  (If you’ve already registered, don’t  panic or buy a new access code.  There is a  way to get it corrected, but you’ve just  incurred the tax of a little extra work.)   Class Requirements and Grading Midterm Exam 1 15% Midterm Exam 2 15%
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